Looking to balance out your exposure to PTXKY? The ETFs below have the lowest correlation with PTXKY — they tend to move on their own, which can help reduce risk when PTXKY drops. The stock ideas table highlights individual companies that behave independently from PTXKY.
No Diversifiers Found for PTXKY
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PTXKY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PTXKY and solid risk/return profiles. The least correlated is PulteGroup, Inc. (PHM) (Consumer Cyclical) with a 1Y correlation of 0.04, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| PulteGroup, Inc. | 0.04 | 0.05 | 0.03 | 57 | Consumer Cyclical | |
| Signet Jewelers Limited | 0.07 | 0.03 | 0.01 | 51 | Consumer Cyclical | |
| Bank of America Corporation | 0.08 | 0.02 | 0.01 | 64 | Financial Services | |
| United Parcel Service, Inc. | 0.12 | 0.07 | 0.04 | 57 | Industrials |
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